Latest News | Aurum PropTech Losses Widen to Rs 21.32 Cr in Oct-Dec Qtr

Get latest articles and stories on Latest News at LatestLY. Realty firm Aurum PropTech Ltd on Thursday reported a consolidated net loss of Rs 21.32 crore for the quarter ended December.

New Delhi, Jan 18 (PTI) Realty firm Aurum PropTech Ltd on Thursday reported a consolidated net loss of Rs 21.32 crore for the quarter ended December.

Its net loss stood at Rs 10.94 crore in the year-ago period.

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Total income, however, increased to Rs 62.09 crore during October-December period of this fiscal, from Rs 41.15 crore in the corresponding period of the previous year, according to a regulatory filing.

In June last year, Aurum PropTech had acquired up to 100 per cent stake in home rental platform NestAway Technologies for a cash consideration of up to Rs 90 crore.

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Founded in 2015, NestAway caters to individuals looking for rental housing in major cities.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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